HOMESTEAD EXEMPTION:
The homestead exemption reduces a home's value by up to $25,000 for property tax purposes.
To qualify, the applicant must:
- be a permanent resident of Maine
- the home must be the applicant’s permanent residence
- applicant must have owned a home in Maine for the twelve months before applying
- application must be filed on or before April 1 with the municipality where the property is located
- application only needs to be filed once
FMI about how to file for a Homestead Exemption or to receive a copy, contact a local Agent at Cates Real Estate at 207-701-5600 | info@catesre.com
